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Microcap & Penny Stocks : TLTG: Teltran International, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Tom Allinder who wrote (86)2/7/1999 2:37:00 PM
From: E*Trader  Read Replies (2) | Respond to of 1184
 
Sometimes the opening price is the best price to get in. What about if it opens $3.00, spike to $4.00, pull back to $3.50 and then continue to rise. then the opening price would have been the best price. Usually stocks that have potential to run up, its pull back NEVER touches the opening price, usually stay higher than the opening so the opening is the best time to getin in this case.

Every case has a different scenario and every stock has a different personality (if I may say), it is naive to make a general rule but for a stock with this potential (2 days rise potential, and if you believe in this) definitely the opening should be the lowest of the day.



To: Tom Allinder who wrote (86)2/7/1999 2:39:00 PM
From: Luddrick M. James Jr.  Read Replies (1) | Respond to of 1184
 
I was actually hoping to buy more. Guess I'll have to wait to see if this thing skyrockets or sits, spins and goes down! I can not imagine this stock having a bad day tomorrow but crazy things do happen.